The chart explains everything. 


![21766879_1527038274028087_4385069061580909126_n.png](https://steemitimages.com/DQmaqYyMBSmVSumGtQuT9NgkStX625GCrPE1YNUVsicn6a7/21766879_1527038274028087_4385069061580909126_n.png)
Before you reach higher TP's like $7500-10,000 per bitcoin , you need to go down, before you go up. 
Also remember, the Chinese shut down of exchanges is a rumour as of now. 
I don't trade crypto-currencies myself, But this could be a moderate price correction. 
Short Bitcoin to $2800-3500